InsideArbitrage Event Driven Monitor – February 23, 2023
Quick updates on the event driven strategies we follow on InsideArbitrage.
Merger Arbitrage
- INDUS Realty Trust (INDT) is to be acquired by Centerbridge Partners for $868 million or $67 per share in cash.
- Partners Bancorp (PTRS) and LINKBANCORP (LNKB) to combine a transformational merger of equals. Under the terms of the agreement, shareholders of Partners Bancorp will receive 1.15 shares of LINK stock for each Partners share they own.
- Optum completed the acquisition of LHC Group (LHCG).
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